LINTEC Corporation, 3M, and Henkel AG & Co. KGaA are dominating the Global Optically Clear Adhesive Market in 2019

Global Optically Clear Adhesive Market is expected to grow with the CAGR of 10.4% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global optically clear adhesive market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.  

The major players dealing in global optically clear adhesive market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in February 2020, Henkel Corporation, a subsidiary of Henkel AG & Co. KGaA invested 50 million euros to expand their adhesives facility in the Pune, India. Through this investment, the company aims to expand their business and enhance their revenue.

LINTEC Corporation is the dominating player in global optically clear adhesive market. The other key players existing in the market includes 3M, tesa SE - A Beiersdorf Company (A Subsidiary of Beiersdorf AG), Henkel AG & Co. KGaA, NITTO DENKO CORPORATION, DuPONT, Saint-Gobain, Cyberbond L.L.C. (A Subsidiary of H.B. Fuller Company), Dow, Hitachi Chemical Co., Ltd., TORAY ADVANCED FILM CO., LTD. (A Subsidiary of TORAY INDUSTRIES, INC.), Scapa Group plc, Mitsubishi Chemical Corporation (A Subsidiary of Mitsubishi Chemical Holdings Corporation), Master Bond Inc., Dymax Corporation, Permabond LLC, Adhesives Research, Inc., Norland Products Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Vampire Optical Coatings, INC.

LINTEC Corporation:

LINTEC Corporation headquartered in Japan was founded in year 1927. The company is engaged in manufacturing of gummed tapes and adhesive products. The company deals in various business segments such as printing and industrial material products, electronic and optical products, paper and converted products in which electronic and optical products is the market focused segment, The company offers wide range of product categories such as printing- and variable information-related products, commercial- and industrial-related products, construction- related products, electronics-related products, optical-related products, specialty papers, release papers and films and among which optical-related products is our market focused category.

The company has wide presence across Asia-Pacific, Europe, Middle East and Africa and North America and have several subsidiaries such as Mactac Americas (U.S.), LINTEC SINGAPORE Pte. Ltd. (Singapore), Lintec Industries (Malaysia) Sdn. Bhd. (Malaysia), Lintec USA Holding, Inc. (U.S.), and among others.

3M:

3M headquartered in Minnesota, U.S.  was founded in year 1902. The company is engaged in the manufacturing and operating in the field of industry, worker safety, health care and consumer goods. The company deals in various business segments such as safety and industrial, transportation and electronics, health care, consumer in which safety and industrial is the market focused segment. The company offers wide range of product categories such as automotive, commercial solutions, design & construction, electronics, energy, government, health care, manufacturing, mining, oil & gas, safety, and transportation among which automotive and electronics are our market focused category.

The company has wide presence across Asia-Pacific, Europe, Middle East and Africa and Americas and have several subsidiaries such as 3M Japan Limited (Japan), 3M India Limited (India), 3M Canada Company (Canada), Meguiar's, Inc. (U.S.), Capital Safety (U.S.), Ceradyne (U.S.), 3M Unitek Corporation (U.S.) among others.

Henkel AG & Co. KGaA:

Henkel AG & Co. KGaA headquartered in Düsseldorf, Germany was founded in 1876. The company is engaged in the manufacturing of adhesives, sealants and functional coatings. The company deals in various business segments such as adhesive technologies, beauty care, laundry & home care in which adhesive technologies is the market focused segment, The company offers wide range of product categories such as industrial adhesives, industrial cleaners, industrial coatings, industrial lubricants, repair material, industrial sealants, surface treatments, solar material, equipment, thermal management materials, potting, encapsulating and injection molding compounds along with the brand categories such as loctite, bonderite, technomelt, teroson, aquence among which Loctite is the market focused brand category.   

For instance,

  • In June 2019, Henkel AG & Co. KGaA launched the Loctite Liofol LA 2798 which is high-performance packaging adhesive solution having high-performance packaging applications. By launching new product, the company enhanced their product portfolio.

The company has wide global presence in Asia-Pacific, Europe, Middle East and Africa and Americas and also generating the revenue from several subsidiaries such as Loctite (Germany), Henkel Japan Ltd. (Japan), eSalon (U.S.), Henkel North American Consumer Goods (U.S.), Nattura Laboratorios, S.A. de C.V. (Mexico) and among others.